Regulatory Alerts2026-06-22 | DMMD Circular Letter No. 08Added · Updated
Outright Purchase and Sale of GOP Sukuk by Government of Pakistan
The document provides an authorization form for non-competitive participation in auctions for the outright purchase of Government of Pakistan (GOP) Sukuk on a deferred payment basis (Bai Muajjal). It requires bidders to declare their intent to sell specified Sukuk to the Government of Pakistan and authorize a representative to sign the transaction contract. The form captures essential details including the GIS ISIN, Bai Muajjal tenor, face value amount, and settlement dates.
Topics
islamic-finance
Share